New vs. Existing Home Prices: What the National Median Misses

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It’s interesting to see how the national median price can sometimes hide the real story. In Q2 2026, new single-family homes came in at a median price of $410,700—actually $25,000 less than the median for existing homes, which was $435,700. This gap is being driven by low inventory for existing homes, while builders are meeting demand by offering smaller, more affordable homes, especially in the South and West. As someone who has guided clients through over 100 successful real estate transactions across Georgia and Alabama, I see firsthand how shifts like these can shape your options—whether you’re searching for your first home, relocating, or looking to invest. Understanding these trends helps us find the best fit for your needs, with careful attention to every detail from consultation to closing.

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